Position Overview:
The primary responsibility of the Buyer is to manage the entire supply chain for the assigned commodities including: development of commodity strategies for the food and beverage area, selection of suitable suppliers, negotiations to ensure best-in-class pricing, analysis of total cost of ownership, summary of procurement recommendation, supplier follow up, and management reporting. All duties are to be performed in accordance with departmental and The Venetian | The Palazzo Casino Resort’s policies, practices, and procedures.
Essential Duties & Responsibilities:
- Develops comprehensive commodity strategies that documents sourcing approaches, preferred suppliers, cost performance and gaps, quality performance and gaps, logistics solutions and technology roadmaps.
- Excels in supplier negotiations using multiple approaches such as market tests, long term agreements, and cost models.
- Performs comprehensive evaluations to ensure best-in-class pricing based on total cost of ownership.
- Summarizes sourcing recommendation and be able to convince stakeholders of sourcing recommendation.
- Issues purchase orders and follows up with suppliers on prompt shipments at the appropriate quality levels.
- Interfaces with user departments as the procurement specialist that allows management to make the right procurement decisions.
- Visits suppliers regularly to understand manufacturing processes and new developments.
- Performs any other related duties as assigned.
- Assess, evaluate and review data for organizing projects and/or providing direction on activities, tasks or processes in accordance with company guidelines.
- Arrange timeline to complete tasks and department assignments or projects, and meet the deadlines related to those assignments.
- Work on actual project or service to help achieve the objectives of the department.
- Evaluate information to render an opinion or take action based on that information that will impact the department or function.
- Possess skills to hasten resolution, assess course of action, and implement or take action based upon findings.
- Direct others in completion of a task or assignment.
- Render advice, and provide expertise or judgment based on information gathered, studied, analyzed or reviewed.
- Consistent and regular attendance is an essential function of this job
- Performs other related duties as assigned
Additional Duties & Responsibilities:
Additional Duties & Responsibilities:
Additional Duties & Responsibilities:
Minimum Qualifications:
- 21 years of age, proof of authorization/eligibility to work in the United States.
- High School Diploma or equivalent.
- Ability to communicate effectively in a positive/upbeat fashion utilizing English, both in oral and written form.
- Have interpersonal skills with focused attention to guest needs to deal effectively with all business contacts.
- Maintain a professional, neat and well-groomed appearance adhering to Company appearance standards.
- Maintain consistent adherence to the Venetian and Palazzo Unmatched Guest Service Standards.
- Work varied shifts, including weekends and holidays.
- Minimum BA/BS degree required in a related field or an equivalent experience, with an MBA preferred.
- Minimum 2 years’ experience in Purchasing or a related field.
- Knowledge of Stratton Warren inventory system (inputting bids, creating purchase orders) a plus.
- Ability to perform complex analysis for supplier and material contracts, develop long range commodity plans, streamline operational procedures, perform continuous improvement activities, recommend and establish inventory levels, and present project reports to senior management.
- Knowledge of financial and cost management, PO and contract management, and spreadsheet analysis.
- Skills with Microsoft Office Suites and spreadsheets a plus.
- Work in a fast-paced, busy, and somewhat stressful environment.
- Maintain physical stamina and proper mental attitude while dealing effectively with guests, management, team members, and outside contacts while working under pressure and meeting deadlines.
- Must be able to work with others, communicate well, give direction, review the work of others, and provide guidance and counsel when needed to achieve department goals and objectives.
- Must maintain a positive attitude toward work and interface with hotel guests in a congenial and polite manner.
- Must be able to address stressful situations with clients with dignity and the utmost tack and politeness.
Physical Requirements:
- Must be able to frequently move freely about the office, maintain manual dexterity to access computer via computer keyboard and operate office equipment, such as telephones, copiers, fax machine, etc., withstand various activities such as frequent walking, sitting for long periods and withstand prolonged standing, stretching, bending and kneeling without restriction.
- Be able to work indoors and be exposed to various environmental factors such as, but not limited to CRT fatigue, noise, dust, cigarette smoke, and be able to access all areas of the property.
- Ability to lift or carry a minimum of 20 pounds, unassisted, in the performance of specific tasks assigned.
- Must be able to touch and handle supplies in a safe and non-hazardous manner, maintaining proper hygiene, cleanliness, and disposal methods.
Job Segment: Food Service, Procurement, Fashion Buyer, Purchasing, Supply, Hospitality, Operations, Fashion, Finance
